The global leather goods market was valued at USD 258.88 billion in 2023 and is anticipated to grow at a CAGR of 6.60% from 2024 to 2033. The global leather goods market is expected to reach USD 490.53 billion by 2033. The market is broadly growing due to several factors, such as an increase in disposable income, better living standards, a surge in fashion choices, and growth in international and domestic tourism. There is a growing demand for footwear, luxurious leather apparel, and accessories. Asia-Pacific is expected to grow the fastest during the forecast period.
Customers favour leather goods because of their inherent strengths, which are predicted to propel the leather goods market ahead. These strengths include being dustproof, fireproof, crack-proof, and durable. The expansion of the leather goods market has also been impacted during the past few years by the rising demand for stylish purses, high-end leather wallets, and other leather products. Government subsidies for the leather industry are accelerating market expansion. For instance, 100% FDI is permitted in India for the automated production of leather goods. Rising consumer disposable income, higher living standards, shifting fashion trends, and expanding domestic and international tourism are the primary market drivers. A favourable effect on the industry is anticipated from the expanding demand for stylish, trendy, and comfortable leather clothing, accessories, and footwear. Due to the COVID-19 outbreak, which caused premium apparel stores and outlets to close their doors and cause widespread lockdowns around the world, there was a disruption in the retail sales of leather goods products in 2020. Due to the entire lockdown, the pandemic also affected the companies' supply chain and output. For instance, in 2020, all 42 of Hermes' French production facilities were closed, except for the perfume factory, which produced hand sanitiser in the interim.
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1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Product
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising awareness about healthy hearts
5.3. Restraints
5.3.1. The decreasing number of heart donors
5.4. Opportunities
5.4.1. Increasing cases of cardiac diseases
5.5. Challenges
5.5.1. Increasing demand for catheterization labs
6. Global Leather Goods Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Genuine Leather
6.3. Synthetic Leather
6.4. Vegan Leather
7. Global Leather Goods Market Analysis and Forecast, By Product
7.1. Segment Overview
7.2. Footwear
7.3. Home Décor
7.4. Furnishing
8. Global Leather Goods Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Leather Goods Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Leather Goods Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Adidas AG
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Nike, Inc.
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Puma SE
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Fila, Inc.
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. New Balance Athletics, Inc.
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Knoll, Inc.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Samsonite International S.A.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. VIP Industries Ltd.
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Timberland LLC
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Johnston & Murphy
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
List of Table
1. Global Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
2. Global Genuine Leather, Leather Goods Market, By Region, 2020 - 2033 (USD Billion)
3. Global Synthetic Leather, Leather Goods Market, By Region, 2020 - 2033 (USD Billion)
4. Global Vegan Leather, Leather Goods Market, By Region, 2020 - 2033 (USD Billion)
5. Global Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
6. Global Footwear, Leather Goods Market, By Region, 2020 - 2033 (USD Billion)
7. Global Home Décor, Leather Goods Market, By Region, 2020 - 2033 (USD Billion)
8. Global Furnishing, Leather Goods Market, By Region, 2020 - 2033 (USD Billion)
9. North America Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
10. North America Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
11. U.S. Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
12. U.S. Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
13. Canada Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
14. Canada Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
15. Mexico Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
16. Mexico Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
17. Europe Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
18. Europe Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
19. Germany Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
20. Germany Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
21. France Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
22. France Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
23. U.K. Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
24. U.K. Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
25. Italy Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
26. Italy Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
27. Spain Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
28. Spain Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
29. Asia Pacific Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
30. Asia Pacific Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
31. Japan Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
32. Japan Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
33. China Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
34. China Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
35. India Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
36. India Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
37. South America Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
38. South America Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
39. Brazil Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
40. Brazil Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
41. Middle East and Africa Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
42. Middle East and Africa Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
43. UAE Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
44. UAE Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
45. South Africa Leather Goods Market, By Type, 2020 - 2033 (USD Billion)
46. South Africa Leather Goods Market, By Product, 2020 - 2033 (USD Billion)
List of Figures
1. Global Leather Goods Market Segmentation
2. Global Leather Goods Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Leather Goods Market Attractiveness Analysis By Type
9. Global Leather Goods Market Attractiveness Analysis By Product
10. Global Leather Goods Market Attractiveness Analysis By Region
11. Global Leather Goods Market: Dynamics
12. Global Leather Goods Market Share By Type (2023 & 2033)
13. Global Leather Goods Market Share By Product (2023 & 2033)
14. Global Leather Goods Market Share By Regions (2023 & 2033)
15. Global Leather Goods Market Share By Company (2023)
This study forecasts global, regional, and country revenue from 2020 to 2033. Brainy Insights has segmented the global leather goods market based on the below-mentioned segments:
Global Leather Goods Market by Type:
Global Leather Goods Market by Product:
Global Leather Goods Market by Region:
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